Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.015%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2562.560% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 2 days (all we have)+0.401%+$40 · spread now +0.015%, 7d avg +0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WENUSDT | 6.7230 | 0 | get 0.0000% / 8h | 5h 36m | $577K | $513K | 20x |
| Short | Gate WEN_USDT | 6.7240 | 0 | get 0.0000% / 8h | 5h 36m | $272K | $4K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.015% → +0.023%
- −$0.79
- Slippage, 4 orders
- −$230.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$256.79
- Costs to cover
- 2.560%
- Break-even
- never at this rate
Slippage from Binance: live order book, 40 min ago; Gate: live order book, 20 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 40 min ago | 2.98 bp | 30.3 bp −$30 | 114.8 bp −$1,148 | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 24.55 bp | 154.2 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
WEN on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance WENUSDTlong | 0.0000% | 8h | 6.7230 | long leg | $577K | $513K | 20x | |
| OKX WEN-USDT-SWAP | 0.0000% | 8h | 6.7280 | +0.074% | $205K | $120K | 10x | as long as short |
| Gate WEN_USDTshort | 0.0000% | 8h | 6.7240 | +0.015% | $272K | $4K | 20x | |
| Bitget WENUSDT | 0.0000% | 8h | 6.7210 | −0.030% | $109K | $37K | 20x | as long as short |
| Variational Omni WEN | 0.0000% | 8h | 6.7257 | +0.040% | $24K | $18K | — | as long as short |
| Lighter WEN | +0.0032% | 1h | 6.7535 | +0.454% | $11K | $975 | 10x | as long as short |
Binance WENUSDT
Gate WEN_USDT
OKX WEN-USDT-SWAP
Bitget WENUSDT
Variational Omni WEN
Lighter WEN